KANESOLTD Balance Sheet Health
Financial Health criteria checks 6/6
KANESOLTD has a total shareholder equity of ¥14.7B and total debt of ¥0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ¥17.1B and ¥2.4B respectively. KANESOLTD's EBIT is ¥1.3B making its interest coverage ratio 127.8. It has cash and short-term investments of ¥8.9B.
Key information
0%
Debt to equity ratio
JP¥0
Debt
Interest coverage ratio | 127.8x |
Cash | JP¥8.86b |
Equity | JP¥14.73b |
Total liabilities | JP¥2.35b |
Total assets | JP¥17.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5979's short term assets (¥12.0B) exceed its short term liabilities (¥1.1B).
Long Term Liabilities: 5979's short term assets (¥12.0B) exceed its long term liabilities (¥1.3B).
Debt to Equity History and Analysis
Debt Level: 5979 is debt free.
Reducing Debt: 5979 has not had any debt for past 5 years.
Debt Coverage: 5979 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5979 has no debt, therefore coverage of interest payments is not a concern.